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Goliath Resources Ltd V.GOT

Alternate Symbol(s):  GOTRF

Goliath Resources Limited is a Canada-based junior resource exploration company. The Company is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. The Company owns 100% of the Golddigger property that covers an area of 52,756 hectares. The Homestake Ridge Deposit (Fury Gold Mines Limited), Dolly Varden Silver Mine (Dolly Varden Silver Corp.), and the Kinskuch Project (Hecla Mining Company) are in close proximity. The Golddigger Property consists of contiguous mineral claims located approximately 30 kilometers southeast of Stewart with tidewater access on Hastings Arm in the Golden Triangle of Northern British Columbia. The Luckystrike Property is located north of Terrace, British Columbia. The Company also owns a 10% interest in the DSM Syndicate projects. It has six mineral claim blocks, totaling 391 mineral claims, under Goliath's Nelligan East Project and Nelligan West Project.


TSXV:GOT - Post by User

Post by mrsgoldmineron Aug 21, 2023 8:12pm
261 Views
Post# 35598987

More tidbit's GOT

More tidbit's GOT

Speaking of new drill programs, Roger Rosmus's Goliath Resources Ltd. (GOT) dropped one cent to 86 cents on 97,000 shares on word it has begun a new program on its Lucky Strike project in northwestern British Columbia. The 2,000-metre effort will test two separate mineralized gold targets that are exposed at surface, but which have never been drilled before.

Mr. Rosmus, founder and CEO, applauds Bullseye, the first of those features, as a "drill-ready target that shows all the right components for an extensive gold-copper porphyry mineralizing system." He points to surface mineralization, textures and alteration as key among those components. Bullseye remains "open in all directions" -- which of course it would be, having never been drilled before. The Bullseye target is large, centred on a 1,200-by-1,000-metre alteration system, and with geophysical interpretations that are deemed consistent with a porphyry signature.

Mr. Rosmus goes back to the same promotional well for a description of the other target slated for drilling. Goldsource, he cheers, is a high-grade-gold breccia system deemed a "drill-ready target that shows all the right components for an extensive gold mineralizing system including surface mineralization, textures, and alteration," again one "that remains open in all directions." Goldsource has produced grab sample assays of up to 96.8 grams of gold per tonne and it lies within a corridor of sheeted mineralized veins that run for more than 1,500 metres east-to-west in an area over 200 metres wide.

Mr. Rosmus says that Goliath is a project generator and seasoned explorer with a focus on new discoveries. He adds that the Bullseye and Goldsource targets have a confirmed presence of significant gold mineralization, and so he and his crew "look forward to testing these new discoveries for the first time with the drill bit in 2023." The assays expected from this new program, he cheers, along with assay results from about 18,000 metres of drilling at the company's Golddigger property, "should provide substantial news flow catalysts." Indeed, but the question is if the assays to come will provide catalysts to push the company's stock higher

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